AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 4/18/2018
TO: Honorable Mayor and City Council Members
FROM: Public Works Department
SUBJECT:
Title
City Council consideration to approve Final Tract Maps 36541-1, 36541-2, and 36541; and authorize the Mayor to execute an Improvement Agreement for Tentative Tract Map 36541- CalAtlantic Group Inc., a Delaware Corporation.
End
RECOMMENDED ACTION:
Recommended action
That the City Council:
1. Approve the Final Tract Maps 36541-1, 35641-2, and 36541.
2. Authorize the Mayor to execute an Improvement Agreement between the City and Ryland Homes of California Inc., a Delaware Corporation.
Body
ANALYSIS:
Tentative Tract Map (TTM) 36541 is a subdivision of approximately 311 acres into 237 single-family residential lots, approved by the City Council on May 1, 2013. Tentative Tract Map 36541 is comprised of three phases known as Tract 36541, Tract 36541-1, and Tract 36541-2, also shown on Exhibit "A." The property is within the Sierra Bella Specific Plan (SP04-001), which was adopted by the City Council on August 17, 2005, and amended (SPA12-005) on May 1, 2013. A one-year extension of the map was approved by City Council on June 21, 2017, extending the map expiration to May 1, 2018.
In order to guarantee construction of the public landscaping improvements associated with this development, Ryland Homes of California, Inc., a subsidiary to CalAtlantic Group Inc., the record owner of Tentative Tract Map 36541, will enter into an Improvement Agreement with the City, and post sufficient securities for the public landscaping and irrigation facilities. All other securities required for the final maps have been posted by the developer.
Securities for the public landscaping improvements have been posted as detailed below:
Faithful Performance
Labor and Materials
PSP150015
Security No.
Amount
Security No.
Amount
Public Landscaping Improvements
381451S
$ 412,000
381451S
$ 206,000
All conditions i...
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